A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Mohawk Industries
Our trading algorithm values Mohawk Industries (MHK) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $96.29 |
| 60 Day Prediction | $88.45 |
| 60 Day Pred - Lower Bound | $74.73 |
| 60 Day Pred - Upper Bound | $101.89 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.111 * nr_days_in_the_future + 91.772
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
MHK traded at $96.29 this Friday October 14th, gaining since last week.
Looking back, over the last month, MHK has been loosing $-4.45 or -4.621452804996909 percent.
Over the last year, it has been loosing $-89.48 or -92.92761710058765 percent.
Seasonality of Mohawk Industries
Using our AI model, we have been analyzing the value change for Mohawk Industries depending on the day or month of a year. This can be seen in the following graph:
